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20130104
20130112
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the aig crisis first started, people tried to explain the aig inter connectivity. to boeing, to air bus. there is a whole bunch of inter connectivity. >> aig fell basically, if wall street fell, we would lose jobs o and on and on and and on. it happened. because of that we were at 8% unemployment, you know. so the fact that after all of that, these folks, after being -- after being saved, especially the board of directors, they received profits. their stocks went up pennies. it didn't because of the federal government: the fact that they want to sue the federal government, it's just, you know, there really is no silver lining in these clouds. >> also it address did some of the disfunction of how corporate law and corporate principles clash with basically civic understanding. >> responsibility. >> responsibility. so in other words, it is true that there is legitimacy to this lawsuit in the courts. a sober judge has let this suit proceed as far as it does. the board of directors have two obligations, the duty of loyalty and the duty of care. they have t
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